New on Cambodian Business News The first to know |
||
Panel: Cambodia’s Fitness To Join WTO Under Review By Brian Calvert The Cambodia Daily A
team of experts from six world organizations arrived in Cambodia last week
to assess the country’s ability to join the World Trade Organization.
The task force includes researchers from the World Trade
Organization, the World Bank, the International Monetary Fund, the UN
Development Program, the UN Commission on Trade and Development and the
International Trade Center.
Bankrolled by a “trust fund” Provided by donors, with the money
managed by the World Bank, the team will research Cambodia’s strength
and weaknesses in its approaches to the world economy, in advance of any
possible entrance into the WTO, said Sandy Cuthbertson, of the Center for
International Economics.
“One of the important things is that it’s six agencies working
together to help countries integrate into the world trade process. We’re
there as a technical resource for the government to take advantage of,”
Cuthbertson said.
|
The team arrived after Minister of Commerce Prasidh requested
technical assistance from donors at the Consultative Group meeting in
Tokyo in June “to have a broader picture of the problem, “ Cham
Prasidh said. The team. The team will hopefully find “measures to
improve the situation...for integration into the world trade system,” he
said.
The team will stay three weeks, after which it will issue a report
to the government, with recommendations for improving infrastructure and
trade regulations.
World Bank representative Hiau Looi Kee will design a survey of
trading companies to find out what problems they have importing or
exporting goods into the country. Geoff Wright, an independent development
consultant, will investigate ports and customs offices to find ways to
improve trade. Cambodia is one of three pilot countries to receive such integrated framework attention. “This is a pro-poor trade strategy, Cuthbertson said. |